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fringe benefit
noun
1
: an employment benefit (such as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates
2
: any additional benefit
increased energy is a fringe benefit of regular exercise
Examples of fringe benefit in a Sentence
Recent Examples on the Web
Some companies might stop offering certain or all affected fringe benefits altogether.
—
Cheryl Winokur Munk, CNBC, 2 Feb. 2025
Here are some fringe benefits, or lifestyle perks, that cater to employee growth and their evolving priorities over time:
• Childcare Support: Subsidies can ease the financial burden of childcare, allowing parents to work as their families grow.
—
Alex Shubat, Forbes, 9 Dec. 2024
According to the latest budget, 37% of AC Transit’s operating expenses go to pensions and other fringe benefits.
—
Marc Joffe, The Mercury News, 14 Nov. 2024
The City Council earlier this month unanimously approved hiring Broadnax as well as his employment agreement, which outlines the $470,000 base salary and other fringe benefits.
—
Ella McCarthy, Austin American-Statesman, 23 Apr. 2024
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Word History
First Known Use
1948, in the meaning defined at sense 1
Dictionary Entries Near fringe benefit
Cite this Entry
“Fringe benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fringe%20benefit. Accessed 15 Feb. 2025.
Kids Definition
fringe benefit
noun
: a benefit (as vacation, health insurance, or pension plan) given by an employer to employees in addition to pay
Legal Definition
fringe benefit
noun
: an employment benefit (as a pension, a paid holiday, or health insurance) granted by an employer that has a monetary value but that does not affect basic wage rates
More from Merriam-Webster on fringe benefit
Thesaurus: All synonyms and antonyms for fringe benefit
Britannica.com: Encyclopedia article about fringe benefit
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